Shell Knob, Stone County, Missouri Property Taxes
Median Shell Knob, MO effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Shell Knob, MO home value: $61,650
Median annual Shell Knob, MO tax bill: $587, $1,813 lower than the national median property tax bill of $2,400.
How are property taxes in Stone County calculated?
Property taxes in Shell Knob, MO are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Shell Knob’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shell Knob, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Shell Knob, Stone County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.89%
Estimate Property Tax Bill
$549
$509
Ownwell’s Shell Knob Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shell Knob with just two data points.
By entering your property's estimated assessed value, our calculator applies Shell Knob’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Stone County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Shell Knob, Stone County, Missouri
Local government entities in Missouri set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Shell Knob’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S. Shell Knob, located in Stone County, has a median property tax rate of 0.89%. This is lower than the national median property tax rate of 1.02%. The property tax rate here is consistent across the county, offering predictability for homeowners. Understanding these rates can help property owners in Shell Knob make informed decisions about their property investments. By appealing property taxes or seeking exemptions, homeowners can potentially reduce their tax burden, making Shell Knob an attractive option for property investment.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Shell Knob Tax Rate
0.89%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Stone County Tax Rate
0.93%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Shell Knob, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65747 | 0.89% | 0.89% | 0.89% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Shell Knob, Stone County, Missouri
Property Tax Assessment Values Across Shell Knob, Stone County, Missouri
Source: Ownwell
$16,000
$83,950
$151,900
Median Shell Knob Market Value
$61,650
Median Stone County Market Value
$50,150
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Shell Knob, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65747 | $4,200 | $19,350 | $61,650 | $128,000 | $241,760 |
Source: Ownwell
Property Tax Bills Across Shell Knob, Stone County, Missouri
In Shell Knob, located in Stone County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and any applicable exemptions can influence this assessed value. With a median home price of $61,650, homeowners in Shell Knob face tax bills that range significantly, with the 25th percentile at $181 and the 75th percentile at $1,227. This is notably lower than the national median property tax bill of $2,400. However, some homeowners may see bills as high as $2,350, especially those with higher property values or fewer exemptions.
Ownwell assists homeowners in Shell Knob by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and market trends, Ownwell ensures that homeowners are not overpaying. This service can lead to significant reductions in annual property tax bills, providing financial relief and peace of mind.
Median Shell Knob Tax Bill
$587
Median Stone County Tax Bill
$460
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Shell Knob, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65747 | $38 | $181 | $587 | $1,227 | $2,350 |
Source: Ownwell